Russia implemented a policy of protectionism that limited the importing of meats. Explain why Russia might have implemented such a policy
What will be an ideal response?
Russia set import quotas on imported meat products to reduce competition for domestic meat producers, who were struggling to increase their capacity at a fast enough rate to match the Russian population's increased demand for meat.
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Which of the following is an advantage of direct investment?
A) Direct investment involves fewer risks than joint ownership. B) Direct investment ensures that a firm is shielded from market changes. C) Direct investment allows a firm to keep full control over the investment. D) Direct investment involves minimal financial or time expenditures. E) Direct investment protects the firm from currency devaluation.
Federal income taxes are determined by your global income
Indicate whether the statement is true or false.